September 1, 2021

ERC soliciting industry inputs to IRR of lifeline rate extension policy

By Myrna M. Velasco – August 31, 2021, 3:32 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is soliciting inputs from industry stakeholders for the crafting of the implementing rules and regulations (IRR) of Republic Act 11552, which seeks […]
September 1, 2021

SMPC remits ₧1.7B in royalties to government

BY LENIE LECTURA – AUGUST 31, 2021 from Business Mirror   CONSUNJI-led Semirara Mining and Power Corp. (SMPC) has turned over nearly P1.7 billion in royalty payment to the Department of Energy (DOE) in the second quarter. Of the amount, […]
September 1, 2021

Singapore group offers to acquire 5.7% of First Gen for P6.76b

By Alena Mae S. Flores – August 31, 2021 at 08:35 pm from manilastandard.net Philippines Clean Energy Holding Inc., controlled by Valorous Asia Holdings Pte. Ltd. of Singapore, offered to acquire up to 5.7 percent of First Gen Corp.’s outstanding […]
August 31, 2021

Fake DOE letters to DFA caused delays in power plant maintenance works

By Myrna M. Velasco – August 30, 2021, 4:46 PM from Manila Bulletin Fake letters or correspondence sent by unscrupulous individuals to the Department of Foreign Affairs (DFA) had caused delays in power plant maintenance activities that subsequently triggered this […]